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The independent business was renamed to Beach Point Capital Management and a significant number of Post Advisory's employees left to join it including its Chief investment officer. [2] [3] Within a year of its founding, Beach Point became the 83rd biggest hedge fund firm in the world, ahead of Marshall Wace and Tiger Global Management. [3]
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Beach Point) is the northeast tip of Thule Island, in the South Sandwich Islands, made conspicuous by a bare rock ridge and a narrow beach of boulders and pebbles It was charted and named in 1930 by DI personnel on the Discovery II who made a landing there.
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